Foster Group Inc. Has $1.38 Million Holdings in Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB)

Foster Group Inc. boosted its holdings in shares of Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB) by 3.8% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,962 shares of the company’s stock after purchasing an additional 765 shares during the period. Foster Group Inc. owned 0.18% of Schwab Fundamental U.S. Broad Market Index ETF worth $1,375,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Cambridge Investment Research Advisors Inc. increased its stake in shares of Schwab Fundamental U.S. Broad Market Index ETF by 9.0% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 133,709 shares of the company’s stock valued at $8,170,000 after buying an additional 10,989 shares in the last quarter. Cozad Asset Management Inc. raised its stake in shares of Schwab Fundamental U.S. Broad Market Index ETF by 6.7% in the fourth quarter. Cozad Asset Management Inc. now owns 10,053 shares of the company’s stock worth $614,000 after acquiring an additional 634 shares during the last quarter. Wealth Enhancement Advisory Services LLC acquired a new position in shares of Schwab Fundamental U.S. Broad Market Index ETF during the second quarter worth approximately $310,000. Hexagon Capital Partners LLC bought a new stake in shares of Schwab Fundamental U.S. Broad Market Index ETF during the second quarter valued at approximately $40,000. Finally, AdvisorNet Financial Inc increased its holdings in shares of Schwab Fundamental U.S. Broad Market Index ETF by 5.0% in the first quarter. AdvisorNet Financial Inc now owns 12,938 shares of the company’s stock valued at $857,000 after purchasing an additional 611 shares in the last quarter.

Schwab Fundamental U.S. Broad Market Index ETF Stock Up 0.9 %

FNDB stock traded up $0.61 during trading on Friday, hitting $69.57. The company had a trading volume of 28,387 shares, compared to its average volume of 29,870. The stock has a market cap of $793.10 million, a price-to-earnings ratio of 17.65 and a beta of 0.86. The firm has a 50-day moving average price of $66.99 and a 200-day moving average price of $65.39. Schwab Fundamental U.S. Broad Market Index ETF has a 12 month low of $52.39 and a 12 month high of $69.58.

Schwab Fundamental U.S. Broad Market Index ETF Company Profile

The Schwab Fundamental U.S. Broad Market Index ETF (FNDB) is an exchange-traded fund that is based on the Russell RAFI US index. The fund tracks a US equity index, selected and weighted based on three fundamental factors (sales, cash flow and dividends\u002Fbuybacks). FNDB was launched on Aug 8, 2013 and is managed by Charles Schwab.